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Playschool Seeking Loan in Dubai, United Arab Emirates

Entrepreneur running preschool business in Saudi seeks funding for preschool start up in Dubai.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Playschools
Locations  Dubai
Local Time 3:01 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 530 thousand for 10.0% annual interest, 2 years (Native Currency: SAR 2,000,000)
Reason: To start a preschool chain in UAE inaugrating two branches in DUbai.
Collateral Available: USD 530 thousand
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
Documents
Business Overview

- Owner has been running preschools for 7 years and was teaching for 4 years prior to that. Has been in trading business since high school.

- These preschools have achieved 50% growth every year.

- Work has started on establishing two preschools in different locations in Dubai.

- Both locations are in new communities with a huge demand for childcare services.

- The business in Saudi Arabia is currently doing sales of 720,000 SAR yearly.

Products & Services Overview

- Licensed American programs of music, fitness and learning especially designed for toddlers.

- Differentiated learning approach so no child is left behind.

High quality hygiene and professional ethics.

Facilities Overview

In Dubai the two nurseries to be taken over are 14,000 sq ft and 10,000 sq ft, respectively. In Saudi, one preschool is 265 sq m and the other branch to be opened is 1300 sq m, respectively.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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